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Elizabeth Warren Announces Plan to Break up Large Tech Companies

2019-03-11 4 Dailymotion

Elizabeth Warren Announces Plan<br />to Break up Large Tech Companies Warren hopes to force the structural<br />separation of companies like Amazon,<br />Facebook and Google in the coming years. She claims tech giants<br />have an unfair advantage<br />in the industry because of<br />their monopolizing mergers. Elizabeth Warren,<br />via statement Her regulatory plans would affect<br />recent acquisitions such as Whole Foods<br />by Amazon and Instagram by Facebook. It would also prevent the transferring of users’ data between platforms and with third parties. Under Warren's plan, two levels<br />of companies would be affected: companies with an annual global revenue<br />of over $25 billion, and those with a revenue between $90 million and $25 billion. Top-tier companies, such as Amazon,<br />would be forced to separate their products<br />from profiting off their own platforms. Elizabeth Warren,<br />via statement Warren is currently a presidential candidate<br />in the 2020 race and has made a point of not<br />accepting corporate donations for her campaign.

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